Donald Trump spoke at least four times about his intention to audit U.S. gold reserves — during a meeting with French President Macron, onboard Air Force One with reporters, at a governors’ symposium, and at the annual Conservative Political Action Conference.

But that was all before February 26. After that — silence. And after April 6, Elon Musk went quiet too. While leading the Department of Government Efficiency (DOGE), he had planned to livestream an inspection of U.S. gold reserves.

The entire topic simply vanished from public discussion in the U.S., as if it had never existed. Trump and Musk clearly realized that despite their power, their push to inspect the nation’s gold reserves touched a nerve with even more influential and wealthy people than themselves.

What’s the issue?

Few specialists talk about it openly, but the U.S. government actively pledges its so-called gold reserves to banks and investors. These entities pay Washington interest. They don’t see or receive any physical gold — but why does this matter?

Because once “leased” like this, the same gold can be leased again, used as collateral, and leveraged multiple times over. Many believe that real physical gold is stored in two U.S. vaults — Fort Knox (Kentucky) and West Point (New York).

But what if it isn’t there?

Then global deals worth trillions would collapse, triggering a chain reaction of bankruptcies among holders of shares in gold ETFs, buyers of futures, options, and swaps tied to the metal.

Notably, to inspect the gold in U.S. vaults, you’d need permission from the Pentagon — the two storage sites are high-security military bases.

There’s little doubt that powerful global figures gently asked Trump and Musk to stop pushing for a gold audit. This issue also affects the interests of the U.S. Federal Reserve.

For decades, generations of American financiers have grown up without ever being taught the historical truth: that gold was once money, and until 1971, the U.S. government was obligated to exchange dollars for a set amount of gold. That history is now inconvenient for today’s financial elite, who prefer unchecked dollar printing and global influence-peddling.

The last official U.S. gold audit took place in 1974. The U.S. Treasury claims to conduct annual checks on the gold stockpile, but few believe it — not even Americans. Bank of America acknowledges that Americans increasingly favor gold over the dollar. Analysts put it bluntly: “Gold is at the heart of the dollar’s problems.”

That’s why the more than 40% rise in gold’s value against the dollar over the past year is a major warning sign. Trump is now silent because such an audit could trigger serious global consequences — for both the elite and himself personally.

While U.S. media continues to tout the strength of the dollar and American economic power, the rest of the world quietly keeps buying physical gold.

The dollar’s days may not be numbered — but as Bank of America analysts show, global investors clearly prefer otherwise.

c/o: Multipolar Market (https://t.me/multipolarmarket)